U.S.: Softwood and Panel Markets - Week 8, 2014

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Used with permission granted by Random Lenghts Publications, Inc.
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Random Lengths Lumber Market Report
Trading of framing lumber was hit and miss, and prices were flat to narrowly mixed. The Montreal Wood Convention drew traders away from their offices for the week, while buyers in the Upper Midwest and East were still dealing with snow-filled yards, and not interested in taking on additional inventories. However, moderating weather across the South drew in some buyers. All told, modest weakness prevailed, with the Random Lengths Framing Lumber Composite Price falling for a fourth straight week.

 
Week
Feb 21
Week
Feb 14
Year Ago
2013
Random Lengths Framing Lumber Composite Price*
$387
$389
$415
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
366
362
390
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
455
455
486
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
390
380 375
Southern Pine (Westside) #2 2x4 R/L
422
431
468
KD Coast Hem-Fir Std&Btr 2x4 R/L
398
395
425
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
765
775
570
* Weighted average of 15 key items


Random Lengths Panel Market Report
Structural panel sales gained momentum. Winter weather remained in control of OSB markets. Those in the northern half of the continent still struggled with snow and cold, but demand surged in the South and in Southern California. Southern Pine plywood sales were steady enough for several westside mills to push order files into the week of March 10. Last week’s firming trend carried over in western Fir plywood markets. A measured start to trading turned more active in the middle of the week.

(f.o.b. mill prices)
Week
Feb 21
Week
Feb 14
Year Ago
2013
Random Lengths Structural Panel Composite Price*
$363
$358
$513
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 370-405
365-399
444-470
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
375-407
367-300
470-485
Western 1/2-inch 4-ply exterior sheathing plywood 383 370
465
North Central 7/16-inch Oriented Strand Board 215 215 430
*Weighted average of 11 key items
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